Short Term Rental Investment Properties for Sale in Allegan, MI
427- 2 Bed
- 2 Bath
- 1040 sft
515- 2 Bed
- 1 Bath
- 864 sft
71- 2 Bed
- 1 Bath
- 539 sft
-- 3 Bed
- 2 Bath
- 1200 sft
129- 3 Bed
- 1 Bath
- 1210 sft
96- 3 Bed
- 1 Bath
- 1589 sft
102- 3 Bed
- 2 Bath
- 1008 sft
119- 2 Bed
- 1 Bath
- 1336 sft
127- 3 Bed
- 1 Bath
- 860 sft
128- 3 Bed
- 1 Bath
- 1043 sft
125- 2 Bed
- 1 Bath
- 1100 sft
104- 2 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 882 sft
-- 1 Bed
- 1 Bath
- 384 sft
140- 3 Bed
- 2 Bath
- 1344 sft
117- 4 Bed
- 2 Bath
- 1188 sft
127- 2 Bed
- 1 Bath
- 1129 sft
117- 3 Bed
- 1 Bath
- 1270 sft
102- 3 Bed
- 1 Bath
- - sft
104- 3 Bed
- 1 Bath
- 960 sft
- 3 Bed
- 2 Bath
- 1248 sft
- 1 Bed
- 1 Bath
- 707 sft
94- 2 Bed
- 2 Bath
- 896 sft
118- 3 Bed
- 2 Bath
- 1360 sft
99- 2 Bed
- 1 Bath
- 804 sft
112- 2 Bed
- 1 Bath
- 780 sft
124- 2 Bed
- 1 Bath
- 660 sft
Why Invest in Allegan, Michigan?
Investing in short-term rentals in Allegan, MI presents a unique opportunity to capitalize on the area's growing tourism and demand for flexible housing. The local market enjoys an average rental yield of 8.5%, supported by a cap rate of 6.2%, providing steady income potential. With average cash flow around $1,200 per property and an average rent of $1,500 monthly, investors can expect reasonable returns. Appreciation rates hover near 3.5%, reflecting the area's stable real estate market. The renter-occupied rate of 45% underscores a healthy demand for rentals in Allegan.
Frequently Asked Questions
The average rental yield for short-term rentals in Allegan, MI is approximately 8.5%, reflecting strong demand and income potential in the market.
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